34-Room Exterior-Corridor
For Sale
$2,200,000
7621 S Cottage Grove Avenue, Chicago, IL 60619
Business Opportunity, Chicago, IL
Property SizeContact for details
Lot Size0.31 Acres
Days on Market222
Property Features for 7621 S Cottage Grove Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Expressway-76th east-Cottage Grove Ave. south- address. Expressway-79th St.-Cottage Grove Ave. South -address
Subdivision
CHI - Greater Grand Crossing
Standard status
Active
APN
20263080040000
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
147222
Utilities
Cooling system
Central Air
Building Details
Floors in Building
3
Building materials
Brick, Concrete
Listing Agency:
Century 21 Circle · Coldwell Banker Real Estate
(773) 465-4200
Listed By:
Mark Ahmad · License #471007186
(312) 513-4490
Added: Jan 16
Changed: Aug 20
Last Checked: Aug 26 at 6:06AM
MLS# 12548055
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is a three-story motel with exterior-access corridors and 34 rooms. Constructed in 1974, it includes a separate restaurant building located at the front of the site, along with parking at the main level. Brick and concrete construction and central air are noted. The motel operates under a non-franchise license, while the City of Chicago does not issue new non-franchise motel licenses.
The site contains 13,392 square feet of land and approximately 18,000 square feet of total building area. It is located in Chicago’s Chatham neighborhood on the South Side, within walking distance of retail, services, and neighborhood amenities. The property is approximately 1 mile east of the Dan Ryan Expressway and about 3 miles from the Obama Presidential Library.
The site contains 13,392 square feet of land and approximately 18,000 square feet of total building area. It is located in Chicago’s Chatham neighborhood on the South Side, within walking distance of retail, services, and neighborhood amenities. The property is approximately 1 mile east of the Dan Ryan Expressway and about 3 miles from the Obama Presidential Library.
Key Highlights
- 34‑room motel with three‑story exterior‑corridor layout
- Separate restaurant building positioned at the front of the property
- 13,392 Sq. ft. total land area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,163
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60619, IL
63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
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Similar Off Market Nearby
- Mommie-o — 8222 s calumet ave, chicago, il 60619
- East of the Ryan — 914 E 79th St, Chicago, IL 60619
- The Woodlawn — 1200 E 79th St, Chicago, IL 60619
- Empire Motel — 7621 S Cottage Grove Ave, Chicago, IL 60619
- Barbara Ann's Motel — 7621 S Cottage Grove Ave, Chicago, IL 60619
Frequently Asked Questions
What type of property is this?
Motel - Three-story lodging property includes a separate restaurant building and main-level parking.
Where is this motel located?
The property is located at 7621 S Cottage Grove Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 34‑room motel with three‑story exterior‑corridor layout; Separate restaurant building positioned at the front of the property; 13,392 Sq. ft. total land area
